The market is driven by increasing preference for local and authentic experiences, the growing popularity of the 24-hour visa-free transit rule, and attraction toward ice sports and cruise tourism
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The tourism and hotel market in China is poised to grow by $24.23 billion during 2022-2026, accelerating at a CAGR of 11.81% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the tourism and hotel market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis of the current country's market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by increasing preference for local and authentic experiences, the growing popularity of the 24-hour visa-free transit rule, and attraction toward ice sports and cruise tourism.
The tourism and hotel market in China analysis includes type segment and geographic landscape.
The tourism and hotel market in China is segmented as below:
By Type
- Outbound tourism
- Inbound tourism
By Product
- Chain hotels
- Independent hotels
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. This report covers the following areas:
- Tourism and hotel market in China sizing
- Tourism and hotel market in China forecast
- Tourism and hotel market in China industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by Product
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global tourism and hotel market in china: Beijing Zhiyuan International Travel Agency Co. Ltd., Emei Shan Tourism Co. Ltd., Expedia Group Inc., Guangdong International Hotel Management Holdings Ltd., Huangshan Tourism Development Co. Ltd., Huazhu Group Ltd., InterContinental Hotels Group PLC, Intrepid Group Pty Ltd., Jin Jiang International Holdings Co. Ltd., Jinmao China Hotel Investments and Management Ltd., Marriott International Inc., Shangri La Asia Ltd, The Dragon Trip., Tongcheng Travel Holdings Ltd., Trip.com Group Ltd., TUI AG, and Tuniu Corp.Commenting on the report, an analyst said: ''The latest trend gaining momentum in the market is growing internet access and online testimonials.''
According to the report, one of the major drivers for this market is the increasing preference for local and authentic experiences.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Beijing Zhiyuan International Travel Agency Co. Ltd.
- Emei Shan Tourism Co. Ltd.
- Expedia Group Inc.
- Guangdong International Hotel Management Holdings Ltd.
- Huangshan Tourism Development Co. Ltd.
- Huazhu Group Ltd.
- InterContinental Hotels Group PLC
- Intrepid Group Pty Ltd.
- Jin Jiang International Holdings Co. Ltd.
- Jinmao China Hotel Investments and Management Ltd.
- Marriott International Inc.
- Shangri La Asia Ltd
- The Dragon Trip.
- Tongcheng Travel Holdings Ltd.
- Trip.com Group Ltd.
- TUI AG
- Tuniu Corp
